United States PLM and Engineering Software Market was valued at USD 10 Billion in 2022 and is projected to reach USD 18 Billion by 2030, growing at a CAGR of 7% from 2024 to 2030.
The US PLM and Engineering Software Market is experiencing rapid growth, driven by the increasing demand for advanced solutions that streamline product lifecycle management (PLM) and enhance engineering processes. Industries across the US are turning to these software solutions to stay competitive, improve efficiency, and drive innovation. But what exactly are these software solutions, and why is the market for them expanding so rapidly?
PLM (Product Lifecycle Management) and Engineering Software play an essential role in managing the lifecycle of products from initial concept through design, manufacturing, and post-production. The need for PLM solutions is critical in industries like automotive, aerospace, consumer electronics, and manufacturing, where complex design processes and stringent regulatory requirements exist. Engineering software supports product design, simulation, testing, and optimization, making it indispensable for businesses that aim to improve quality, reduce time-to-market, and minimize costs.
In the US, industries are increasingly relying on these tools to manage product data, integrate engineering workflows, and drive cross-functional collaboration. The PLM and Engineering Software Market is being shaped by several key factors, including advancements in cloud computing, AI, and IoT, which enable real-time data access, collaborative design, and predictive analytics.
Moreover, the growing need for digital transformation in industries has pushed companies to adopt integrated solutions that provide a comprehensive view of the entire product development process. Industries like automotive and aerospace, for example, benefit from PLM solutions that ensure precise engineering designs while managing regulatory requirements and global supply chains.
From the perspective of users, PLM and Engineering Software helps streamline complex tasks, manage multi-disciplinary teams, and improve product innovation cycles. As demand continues to rise, software providers are enhancing the functionality of their solutions to better align with the specific needs of each industry. The US market for these solutions is forecasted to grow significantly, with companies seeking highly specialized tools that can scale with their business needs.
Given the rapidly evolving technological landscape, it’s clear that the US PLM and Engineering Software Market will continue to play a crucial role in supporting industries across the nation. As industries demand more agile, scalable, and efficient solutions, the market will continue to see a surge in innovation and investment.
Get an In-Depth Research Analysis of the US PLM and Engineering Software Market Size And Forecast [2025-2032]
Dassault Systemes
Synopsys
Autodesk
Siemens PLM Software
Ansys Inc.
Hexagon
Cadence Design Systems
PTC
Mentor
a Siemens Business
Bentley Systems Inc.
SAP
Honeywell
Rockwell Automation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US PLM and Engineering Software Market
PLM Software
Engineering Software
On-premise
Cloud-based
Product Design and Development
Supply Chain Management
Manufacturing
Quality Management
Aerospace and Defense
Automotive
Electronics and Semiconductors
Industrial Equipment
Healthcare and Pharmaceuticals
Large Enterprises
Small and Medium Enterprises (SMEs)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US PLM and Engineering Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US PLM and Engineering Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US PLM and Engineering Software Market, By Type
6. US PLM and Engineering Software Market, By Application
7. US PLM and Engineering Software Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US PLM and Engineering Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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